The VL Capital Systematic U.S. Equity Strategy is the firm’s primary investment offering and seeks to maximize return relative to risk assumed. The strategy takes long positions in U.S. equities based on a combination of quantitative and fundamental value indicators programmed into VL Capital’s proprietary algorithm. The Systematic U.S. Equity Strategy is rebalanced at regular intervals throughout the year and maintains a low level of position turnover.

VL Capital also incorporates a macroeconomic overlay into all of its investment strategies to help mitigate systematic risk. The VL Capital Recession Risk Index is the firm’s proprietary, multi-factor macroeconomic model that analyzes the probability of a recession occurring in the U.S. on a monthly basis.

2. The information presented herein is for informational purposes only about VL Capital Management’s investment strategies and is not intended as a solicitation to invest. The examples and tables are meant solely to illustrate strategies employed by VL Capital Management LLC. Results should under no circumstances be taken as an expectation of similar profits or returns in the future. Past performance is not necessarily an indication of future returns. Inclusion of index information is not intended to suggest that its performance is equivalent or similar to that of the historical investments whose returns are presented or that investment with our firm is an absolute alternative to investments in the index (if such investment were possible). Investors should be aware that the referenced benchmark funds may have a different composition, volatility, risk, investment philosophy, holding times, and/or other investment-related factors that may affect the benchmark funds’ ultimate performance results. Therefore, an investor’s individual results may vary significantly from the benchmark’s performance.

VL Capital Management LLC is a registered investment adviser. All information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. For more information, please see the VL Capital Disclosure Brochure (ADV 2A).